Larry David Roasts Ondo & Chainlink’s “Groundbreaking” RWA Partnership 🤷♂️

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Ondo Finance partnered with Chainlink to use its oracles. This strategic move will secure and scale the tokenization of RWAs globally.

Let me guess-another blockchain “partnership” where they take a perfectly good financial system and make it… more complicated? 😒 Ondo Finance, a “prominent tokenization platform,” just dropped a landmark deal with Chainlink, a “top oracle platform.” Signed on October 30th, because why not pick a random date and call it historic? 🎉 This “bridge between traditional finance and blockchain” basically means they’re slapping a blockchain label on things that already work fine. But hey, at least the basis of tokenized assets is now “secured.”

Chainlink Becomes Official Oracle Provider for Ondo’s Assets

Tokenization is the “essential process” of turning real-world assets (like stocks) into digital tokens. Because nothing says “democratize finance” like letting people buy fractions of things they don’t understand. 🤷♂️ Chainlink is now the “official oracle provider” for Ondo’s tokenized securities. Great! Now we can trust robots to tell us what a stock is worth. 🤖

Related Reading: Crypto News: Ondo Finance Calls for More Transparency Before Nasdaq Tokenization | Live Bitcoin News

Chainlink also joined the Ondo Global Market Alliance. Because nothing says “trust” like adding more middlemen. 🤝 Now Ondo claims to have over 100 tokenized assets live. Congrats! That’s 100 ways to confuse investors. Oh, and $300 million TVL-because nothing says “secure” like locking up cash in a system only a developer could love. 💸

Chainlink’s “custom and robust price feeds” track dividends and “rich valuations on-chain.” Because nothing says “data integrity” like a bunch of code that probably crashes every time the stock market does. 📉 But hey, it’s “seamless” across all blockchains. Nothing like trusting 10 different ledgers to agree on the same number.

Collaboration Will Accelerate Institutional Adoption of CCIP Technology

Ondo has a “biggest institutional ecosystem.” By which they mean they’ve convinced some banks to play along. 🏦 Now they’ll work with Chainlink to transfer assets on-chain. Because nothing says “institutional adoption” like making banks do the same thing they’ve been doing for decades… but slower. ⏳

They’re also teaming up to make CCIP the “solution of choice” for cross-chain projects. Because nothing says “interoperability” like creating a new acronym no one asked for. 🤷♂️ Ondo will join Chainlink’s “corporate actions initiative” immediately. Because urgency is key when you’re building a house of cards.

The project includes 24 “largest financial institutions,” including Swift, DTCC, and Euroclear. Oh, how exciting! Now they’re “significantly improving interoperability” between traditional markets and blockchain. Because nothing says “innovation” like pretending the past decade didn’t happen. 🕰️

Nathan Allman, CEO of Ondo, said this is a “milestone for on-chain finance.” Because nothing says “evolution” like rebranding old systems as “blockchain.” 🎉 He mentioned “composably linked” assets-because nothing says “financial revolution” like using the word “composable.” 🤯

This partnership will “facilitate inclusion of asset managers” in on-chain markets. Because nothing says “financial inclusion” like charging fees for the privilege of being confused. 💸 It also “speeds up adoption” in “enterprise.” Because nothing says “enterprise” like a system that only works if you’re already rich and powerful. 💼

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2025-11-03 17:23